- By Aditya Pratap Singh
- Thu, 10 Oct 2024 04:14 PM (IST)
- Source:JND
Tata Group luxury brands: With a legacy of over 155 years, the Tata Group is one of the world's biggest and most influential conglomerates. Tata has a presence in more than 100 countries and generated estimated revenues of $150 billion in the fiscal year 2022-2023. The company has a strong foothold in various industries. The group oversees about 30 companies, with philanthropic trusts holding a controlling stake in its primary investment holding company, Tata Sons. We are highlighting seven luxury brands that you may not know are part of the Tata empire.
Zara
Zara, a famous global fashion brand, is a part of the Tata Group through a joint venture with Spain’s Inditex. The partnership, which operates under Inditex Trent, currently runs 21 Zara stores throughout India. Zara is well-known for its fast-fashion styles and caters to Indian consumers’ global trends, solidifying its position in the country’s retail sector.
Starbucks
Starbucks, a global coffeehouse chain synonymous with coffee culture, entered the Indian market through a joint venture with Tata Consumer Products Ltd. Tata Starbucks, which launched in October 2012, has successfully merged local flavours with its global offering, while expanding its presence in major Indian cities.
Big Basket
India’s leading online grocery platform, BigBasket, became a part of the Tata Group when the consortium acquired a 64% stake in the company in 2021. Initially launched as a software startup, BigBasket has transformed grocery shopping in India, offering customers a convenient, online shopping experience.
Zudio
Zudio, another fashion brand under Trent Limited, has quickly become popular, particularly among young shoppers. Zudio provides fashionable yet affordable clothing and targets a wide demographic, which helps Tata strengthen its position in the competitive retail sector.
Westside
Westside, a flagship retail brand of Tata Trent Limited, was founded in 1998 after Tata Lakm acquired Littlewoods International (India). This strategic move led to the establishment of Trent Limited, which now oversees several retail brands. Since then, Westside has grown to become one of India’s biggest and fastest-growing retail chains, offering a wide variety of clothing and lifestyle products.
Cult.fit
Cult.fit is an innovative fitness startup that offers a unique approach to health and wellness through group exercise classes ranging from yoga to boxing. Tata has invested in the company, acquiring a minority stake. Cult.fit merges state-of-the-art technology with expert training, making fitness accessible and engaging for everyone, whether in the studio or at home.